Village on Thames at Fort Trumbull groundbreaking, closing delayed
New London — Monday's groundbreaking for Village on Thames in Fort Trumbull is delayed after developers failed Thursday to show proper financing for the 34-unit housing project.
A closing to transfer the property to the Stillman Organization scheduled for today was postponed, according the Renaissance City Development Association. Monday's groundbreaking is also delayed, said Karl-Erik Sternlof, the RCDA's vice president.
Mayor Daryl Justin Finizio issued a statement that said, in part, the city had fulfilled its obligations under the development agreement with Stillman, and "the responsibility now lies with the developer to provide adequate financial representations to proceed."
Stories that may interest you
The boxes, full of goodies such as crayons, toys, stickers and little stuffed animals, will be dispersed to the hospital’s three emergency departments in New London, Westerly and Groton.
The speakers were Keith Hedrick, John Burt, Michael Passero and Liz Pasqualini.
The easements include property between Avery Hill Road and Route 117 that connect to open space already owned by the town.